(CNBC) Nine years ago Ted Seides bet billionaire Warren Buffett that five hedge funds’ returns, over a 10-year-period, could beat any gains on the S&P 500. And today Seides conceded defeat…High hedge-fund fees weren’t the only reason for the loss, either, Seides explains.
Hedge-Fund Manager Concedes Losing Bet Against Buffett but Hints at ‘Doubling Down’
This entry was posted in Syndicated. Bookmark the permalink.
